Brazil's Dilma Rousseff was impeached as president. Senators voted 61 to 20 to impeach her for hiding the country's faltering economy during an election year in order to win another term in 2014. Michel Temer, her former vice president, will serve as interim president until 2018. The Brazilian real firmed against the dollar.

Crude oil sank after a huge inventory build. West Texas Intermediate crude futures fell to a two-week low after the Department of Energy reported inventories rose last week by 2.3 million barrels, more than the 1.1 million barrels that economists had forecast.